ARM and Logica lead Footsie higher

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A strong day for technology stocks helped the FTSE 100 to rise 52.5 points to 5233.1. A...

A strong day for technology stocks helped the FTSE 100 to rise 52.5 points to 5233.1. ARM Holdings and Logica spearheaded the new economy charge after Nokia said fourth-quarter earnings exceeded expectations and it maintained its estimate for mobile-phone sales this year. ARM shares improved 30p to 333p - its chip designs are used in approximately 80% of mobile phones. Meanwhile, Logica, Europe's largest provider of software for mobile phone companies, rose 45p to 580p. Other prominent risers included index heavyweight Vodafone as it put in a gain of 6p to 164.75p. Reuter...

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